grosspay
Notes from the GHS
Question
Please could you explain to me why the sample means
are so high for the grosspay variable (usual gross weekly earnings). It has
a sample mean of 24744. Surely there must be an error somewhere in the coding
for this to be the case. I can't find any information in the documentation
about earnings measures. If you open the individual level data, then tabulate
over positive values and leave out the missing.
Answer
The documentation suggests that
"grosspay" is measured in pence. I agree it is not clearly stated
but the derived variable specification shows that grosspay is derived from
grosssam which is in pounds, multiplied by 100. So, your sample mean of 24744,
should be read £247.44.
